Raymond E. Camp, Licensed Real Estate Salesperson Greater Rochester

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Rainmaker
508,283
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Good question.  I'm seeing many agents here claiming to be a million-dollar producer because they have been in business for a long time.  Once a client told me that his previous agent was a million-dollar producer but was not very knowledgeable.  She has been in business for 20 years.  So I guess title doesn't mean anything.  It all boils down to knowledge and your character, how willing you are to set aside your time to help or answer's your client's question.  I know some people are more nurturing and patient than others. 

Apr 19, 2021 01:40 PM
Ambassador
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Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

 

Selling homes totaling $1million. Depending on the area it could be one house.

Apr 19, 2021 01:12 PM
Rainmaker
1,108,840
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

The dollar volume of closed listings and / or closed sales in a calendar year is how we used to measure it. It was a huge task formerly that today could be considered a piece of cake. A million $ in commission volume is the new annual target.

Apr 19, 2021 01:32 PM
Ambassador
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Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Oh lord I haven't seen that phrase in so many years!  When I first started in the biz, 1987, it was a big deal to reach the multi-million dollar agent status within a year.  But that was at late 80's prices so it would mean nothing now and probably accomplised in a month or two, not over a year.

Apr 19, 2021 01:01 PM
Rainmaker
599,930
Ernie Steele
Berkshire Hathaway HomeServices Homesale Realty - Lebanon, PA
Call me, let's get started!!! 717-273-3774

When you're working in a market that the average price is $150,000 it can be a big deal... It's all relative.

Apr 19, 2021 01:54 PM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

With home prices being what they are today perhaps that term needs an upgrade to Billion Dollar Producer. 🤑

 

Apr 19, 2021 01:47 PM
Rainmaker
849,560
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Million Dollar Producer doesn't impress anyone any longer. Selling 1 or 2 houses will qualify you for that status.

Apr 19, 2021 01:33 PM
Rainmaker
3,330,425
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

When i started in 1985  the avg house was 100k and most condos about 50k. It was a big deal. These days i'm selling houses that avg 300k to 4ook although i did list a bank owned home for $17,000

Apr 19, 2021 03:00 PM
Rainmaker
1,228,770
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Well I'm a multi-million dollar producer since I sell $8M-$15M annually.

or

I'm a Million dollar producer anytime I earn $1 Million+ in GCI.

or

I can just leave that b.s. to the "it's all about me" agents and keep my focus on the million dollar smiles, reviews and referrals my clients give me because I take great care of them.

Apr 19, 2021 04:30 PM
Rainmaker
701,302
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

Lots of good answers here for you Raymond. It shouldn't matter if you are a million dollar producer or not if you aren't a good agent. In our market you may only have to sell 1 or 2 homes. 

Apr 19, 2021 03:29 PM
Ambassador
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 I have my first One Million Dollar Producer plaque hanging on my office wall.   Year 1985.   Median price for a house at that time was $70K.

Apr 19, 2021 02:34 PM
Rainmaker
3,463,446
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Raymond E. Camp  selling one house qualify an agent a million dollar producer in my area.

Apr 19, 2021 01:55 PM
Rainmaker
910,246
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

In our market, where one sale can easily be $1M+, there are lots and lots of million dollar producers.

Apr 19, 2021 07:29 PM
Rainmaker
556,178
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

That is such an old idea - came about back when real estate sales prices were a whole lot less than they are today and selling a million dollar worth of real estate took a lot of effort.  Today if you are not selling at least a million dollars worth of real estate, you are not doing well at all.

Apr 19, 2021 04:39 PM
Rainmaker
894,225
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

It may mean something and it may mean nothing. Markets are different all over the country. Our median home value here is about 200k . . . and also how does the MLS give you credit? If you do both sides, you get sale price x2. I never really understood that! 

What makes you better? That you are doing volume with no or very little repeat business? Or that you have clients you've done a dozen deals with and they send all their friends? 

You can get way over a million that way! LOL

Apr 19, 2021 03:41 PM
Rainmaker
1,722,500
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

In our area it means selling 1M in a year which is not really that much. (4 houses avg).

R/M has a commission award for 1M in $$$. That seems more worthwhile.

Apr 19, 2021 02:55 PM
Rainmaker
1,386,718
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

It's however you define it!  Of course, that's 2-3 sales in my area for multi-million (based on sales prices), more if you go by gross or net commissions. 

 

Just like the "Top 1% of Agents" it's all in the definition YOU use.

Apr 19, 2021 02:43 PM
Rainmaker
888,387
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

1 million dollars is gross sales not commission income within 12 months in a published time frame. Life-time acheivement is something that COULD be promoted but I have never seen it. 
Unfortuneatly, with Keller Williams promotion of teams adopted by all other frachses, the word "PRODICER" if fradulent.  The 100 million dollar producer is impressive but it not revealed is the agent did none of that busienss but the 15 member team under the agent banner did.
The industry is is saturated with misrepesentation and agents too often rely on Success Theater, Vanity Metrics and Surragate Endpoints to market their services.

Apr 19, 2021 01:50 PM
Ambassador
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

It was considered prestigious way back when to tout that in marketing and advertising in an effort to impress the consumer masses. Now, it matters little.

Apr 19, 2021 06:44 PM
Rainmaker
4,205,996
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

When I started selling homes in the Chicago western suburbs the high priced homes were approcahing 50,000 and most were sold under 40,000. Back then there were few million dollar producers and the term meant something.

Apr 20, 2021 04:34 AM
Rainmaker
883,124
Peter Mohylsky. Broker -BRIX REALTY
Miramar Beach, Florida - Santa Rosa Beach, FL
BRIX REALTY -DESTIN

No fact checking on this one.  just like.. I have a buyer for your property.  

Apr 20, 2021 10:27 AM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Goodness, haven't heard that term in forever.   Selling a million in a year, you won't make a good living in today's environment.

Apr 20, 2021 05:45 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Either way it is a low bar to reach.

Apr 20, 2021 04:35 AM
Rainmaker
610,936
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

B-A-R-F...

is what I think of any broker calling themselves that.

 

Eve

Apr 21, 2021 07:06 AM
Rainmaker
821,467
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Statistics can be used [read manipulated] in many different ways...

Apr 20, 2021 02:20 PM
Rainer
135,173
Jerrill Ewing
N & J Lake Properties, LLC - Eatonton, GA
Builder

my wife became a lifetime member a number of decades ago.  Until the year she got sick with cancer she never missed the mark.

Apr 20, 2021 06:36 AM
Rainmaker
742,806
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Million Dollar agent isn't what it used to be. I think it is an agent who generates $1m in gross commission. 

Apr 20, 2021 06:34 AM